Cheap oil or expensive oil makes no difference now to the impending commitments regarding European pollution levels as legislated from within the same coalition. Lithium will pay a dominant role as you well know regardless of the price of oil..
My beef with with big oil is well known and I'm reluctant to explain my view repeatedly .
Big oil conversation....." what the hell is this stuff I'm breathing in Joe?"...."It's called fresh air boss"
" Well when the hell did this start Joe?.................Why are you looking like that at me Joe ?
For what its worth and just off topic slightly regarding our present predicament , I share the opinion of University of New South Wales Professor Gigi Foster in relation to the cure being far worse than the disease . I believe that Australia hasn't properly weighed up the economic consequences of tough restrictions introduced to reduce the death toll, and I would argue that the 'economy" is about lives' too.
If I may quote
"
Even with a very, very extreme epidemic, in Australia, we are still potentially better off not having an economic lockdown in the first place because of the incredible effects that you see.
'Not just in a short-run way but in many years to come.'
I do share that view and watch Sweden's approach with interest.
cheers to all Long holders
opecusob
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